Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Hexaware Technologies has gone up from Rs 75 to Rs 110. It is proving that it is going higher. After a two day consolidation, yesterday it broke out of that consolidation."
"Hexaware's breakout could have much more momentum on the upside. It is also possible that IT stocks may do their own thing completely ignoring what the Reserve Bank of India is doing; of course banks will be affected," he added. Also Read: See no pricing pressure; will sustain margins: HexawareDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
